News BMG acquires music interests of ‘Driving Home For Christmas’ singer-songwriter Chris Rea Deal includes his royalty interests in 17 studio albums
News Now Triller says it’s exploring revenue share deals with major labels (while being sued by Sony) Triller spokesperson responds to news of labels' music being removed from service and reveals revenue share plans
News UK competition watchdog finds major record labels are not ‘making significant excess profits that could be shared with creators’ Competition and Markets Authority's final report published
News IFPI launches Official MENA chart, with Rema’s ‘Calm Down’ named as first No.1 New singles chart includes music streaming data from Anghami, Apple, Deezer, Spotify and YouTube
Analysis The music industry isn’t ready for the AI revolution. Fruits Music founder, Stef Van Vugt, believes that AI will create a major opportunity for ambitious companies to challenge the majors
News Utopia Music makes layoffs as it downsizes global workforce MBW understands that Utopia's global team numbers 1,200 people. That figure includes both contractors and around 800 employees.
Analysis News Warner Music Group generated $92m from ’emerging platforms’ in calendar Q3 – and other takeaways from Steve Cooper’s last earnings call with WMG Warner's share price soared 15% following the announcement of the earnings on Tuesday
Analysis 10 years ago, Warner Music’s Top 5 superstars generated 15% of its revenue. Today, that number is down to just 5%. MBW drills into the numbers of Steve Cooper's surprising revelation on WMG's earnings call this week
Interviews ‘Our dream is that Vybbe becomes one of the leading entertainment companies in Brazil.’ MBW's Trailblazers series interviews Carlos Aristides, CEO of Brazil-based music company Vybbe
News Universal just launched its own streaming service for classical music via Deutsche Grammophon A subscription for STAGE+ will cost EUR €14.90 per month, or €149 per year
Interviews News With AWAL and Platoon both acquired, Tencent-backed FRTYFVE is becoming an indie power player in artist services London-headquartered FRTYFVE has doubled revenues annually since Tencent invested in it in 2020
News Merck Mercuriadis slams ‘tragedy’ of UK streaming inquiry outcome for songwriters, as record labels applaud industry’s ‘strong progress’ Representatives for music labels and musicians were quizzed on the Economics of Music Streaming in the UK this week
News Tizita Makuria appointed Vice President, A&R at PULSE Music Group Makuria joins PULSE Music Group from Artist Publishing Group
News Ulf Zick quit Universal to join Utopia in early 2022. Six months later, he’s quitting Utopia to return to UMG. Exec exits role at Utopia after six months
News MONSTA X member I.M signs with Sony Music Korea as a solo artist He will work as a solo artist, but he will remain a part of MONSTA X